The framework for Asociación Deportiva Club Sport Herediano was simmering since June 1920, with the appointment of an interim board with iconic figures like Manuel Joaquín Gutiérrez, Eladio Rosabal, Víctor Manuel Ruiz, Claudio Arguedas and Luis Valerio, but it was not until June 12, 1921 that the Herediano Charter was signed.

The club's first season resulted in Herediano winning the national championship in 1921, the first edition of Costa Rica's top-flight league.

It has contributed many key and famous players towards Costa Rica's FIFA World Cup squads such as Marvin Obando, Germán Chavarría, Claudio Jara, Mauricio Wright, Paulo Wanchope, David Myrie, Óscar Granados, José Miguel Cubero, and Daniel Cambronero.

[1] Native Heredian football players such as José Joaquín "Toquita" Gutiérrez, Eladio Rosabal Cordero, Víctor Manuel Ruiz, Gilberto and Claudio Arguedas, and Luis Valerio (who all played in various clubs such as La Libertad and Gimnástica Española) united to sign the official constitution of CS Herediano in June 1921.

They also won the 1988 "Copa Camel", beating in the process Mexican teams like Puebla and UAG Tecos on American soil.

However, despite this, Herediano were suffering severe financial trouble that was until American businessman David J. Patey who was working and residing in Costa Rica decided to form a consortium with his brothers (Mike and Mark) to purchase the club on October 30, 2012.[1].

The Municipal Council of the Canton Central played a key role in donating two plots for this purpose to Club Sport Herediano, albeit with a number of conditions: the work must be completed within a five-year-period, providing the stage for other county’s sporting events, and above all, the club cannot sell the property within a period of 99 years from the execution of the deed of sale and can only be mortgaged to invest these funds in the construction or maintenance of the property.

Wearing a greyish jersey combined with white short pants; that is how Herediano showed to its first official championship match against Liga Deportiva Alajuelense – which was indeed, their first winning game-.

The distinctive usage of red and yellow as the club´s colors began in 1926, when the Club Fortuna de Cuba visited Costa Rican soil for the second time in history.

The solution was found in the New Century Warehouse owned by Ramón Herrero, who had imported red-and-yellow-striped uniforms to be used by the Spanish Gymnastic Society team.

At the end, the Hispanic team did not purchase them and once again Joaquín Gutiérrez made a deal to get the uniforms, which eventually became the emblematic jersey for the club.

The red and yellow colors were added in the statutes by a reform in 1929, which stated that official uniform is a vertical red/yellow striped shirt combined with black shorts and stockings.